By Slideshow The company said in a statement it will spend the funds on semiconductor and operating system development as well as building out its data centre infrastructure.While most of China’s white collar employees were working from home throughout February, the country’s dominant cloud player saw usage surge for its software, most notably DingTalk, a workplace chat app used by both businesses and schools.At one point, users complained of lags on the app due to the high volume of activity. The company acknowledged the issues on Weibo, the Chinese social networking site.Alibaba Cloud...…By Slideshow The company said in a statement it will spend the funds on semiconductor and operating system development as well as building out its data centre infrastructure.While most of China’s white collar employees were working from home throughout February, the country’s dominant cloud player saw usage surge for its software, most notably DingTalk, a workplace chat app used by both businesses and schools.At one point, users complained of lags on the app due to the high volume of activity. The company acknowledged the issues on Weibo, the Chinese social networking site.Alibaba Cloud...WW…

By , , SAN FRANCISCO/SHANGHAI (Reuters) - Qualcomm Inc is struggling to keep up with demand for its processor chips used in smartphones and gadgets, as a chip shortage that first hit the auto industry spreads across the electronics business, industry sources told Reuters.Samsung Electronics Co Ltd, the world’s largest smartphone maker, is experiencing a shortage of Qualcomm’s application processors, the heart of smartphones, two people at suppliers for the South Korean giant told Reuters.Demand for Qualcomm’s chips has soared in the past months as Android phone makers seek to win over...…By , , SAN FRANCISCO/SHANGHAI (Reuters) - Qualcomm Inc is struggling to keep up with demand for its processor chips used in smartphones and gadgets, as a chip shortage that first hit the auto industry spreads across the electronics business, industry sources told Reuters.Samsung Electronics Co Ltd, the world’s largest smartphone maker, is experiencing a shortage of Qualcomm’s application processors, the heart of smartphones, two people at suppliers for the South Korean giant told Reuters.Demand for Qualcomm’s chips has soared in the past months as Android phone makers seek to win over...WW…

By , (Reuters) - Apple Inc’s smartphone shipments jumped 22% to record levels in the fourth quarter, making it the world’s biggest seller, while those for Huawei plunged as U.S. sanctions took effect.Slideshow An expanded number of models and a new look for the iPhone 12 lineup, Apple’s first 5G-enabled devices, tapped pent up demand for upgrades, especially in China.Shipments hit 90.1 million phones, a record for any quarter, giving it global market share of 23.4%, data from research firm IDC showed.“In China, Apple seized the perfect opportunity to capture Huawei’s market share in the...…By , (Reuters) - Apple Inc’s smartphone shipments jumped 22% to record levels in the fourth quarter, making it the world’s biggest seller, while those for Huawei plunged as U.S. sanctions took effect.Slideshow An expanded number of models and a new look for the iPhone 12 lineup, Apple’s first 5G-enabled devices, tapped pent up demand for upgrades, especially in China.Shipments hit 90.1 million phones, a record for any quarter, giving it global market share of 23.4%, data from research firm IDC showed.“In China, Apple seized the perfect opportunity to capture Huawei’s market share in the...WW…

By , , WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.Defense Department officials, who oversee the blacklist designations, have not yet...…By , , WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.Defense Department officials, who oversee the blacklist designations, have not yet...WW…

By , , WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.Defense Department officials, who oversee the blacklist designations, have not yet...…By , , WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.Defense Department officials, who oversee the blacklist designations, have not yet...WW…

By , , WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.Defense Department officials, who oversee the blacklist designations, have not yet...…By , , WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.Defense Department officials, who oversee the blacklist designations, have not yet...WW…

By , Pegatron had mis-classified student workers and falsified paperwork to disguise the violations, and in some cases also breached the code by allowing students to perform work unrelated to their majors, the U.S. technology giant said.“Several weeks ago, we discovered Pegatron - one of Apple’s suppliers in China - violated Apple’s Supplier Code of Conduct in its administration of a student work study programme,” it said in a statement.“Apple has placed Pegatron on probation and Pegatron will not receive any new business from Apple until they complete all of the corrective actions...…By , Pegatron had mis-classified student workers and falsified paperwork to disguise the violations, and in some cases also breached the code by allowing students to perform work unrelated to their majors, the U.S. technology giant said.“Several weeks ago, we discovered Pegatron - one of Apple’s suppliers in China - violated Apple’s Supplier Code of Conduct in its administration of a student work study programme,” it said in a statement.“Apple has placed Pegatron on probation and Pegatron will not receive any new business from Apple until they complete all of the corrective actions...WW…

By , Singles’ Day is usually a one-day sales event, the world’s biggest, eclipsing Black Friday and Cyber Monday in the United States. Many online companies offer deals at the event.Alibaba offered promotions in two windows starting Nov. 1 but calculated GMV over 11 days. JD.com offered deals Nov. 1 through Nov. 11.The event was overshadowed by news that China aimed to propose anti-monopoly rules for internet platforms.Alibaba’s Hong Kong-listed stock, which took a beating when regulators scuppered the listing of fintech affiliate Ant Group, dropped another 10% on Wednesday. It was up 3%...…By , Singles’ Day is usually a one-day sales event, the world’s biggest, eclipsing Black Friday and Cyber Monday in the United States. Many online companies offer deals at the event.Alibaba offered promotions in two windows starting Nov. 1 but calculated GMV over 11 days. JD.com offered deals Nov. 1 through Nov. 11.The event was overshadowed by news that China aimed to propose anti-monopoly rules for internet platforms.Alibaba’s Hong Kong-listed stock, which took a beating when regulators scuppered the listing of fintech affiliate Ant Group, dropped another 10% on Wednesday. It was up 3%...WW…

By , Singles’ Day is usually a one-day sales event, the world’s biggest, eclipsing Black Friday and Cyber Monday in the United States. Many online companies offer deals at the event.Alibaba offered promotions in two windows starting Nov. 1 but calculated GMV over 11 days. JD.com offered deals Nov. 1 through Nov. 11.The event was overshadowed by news that China aimed to propose anti-monopoly rules for internet platforms.Alibaba’s Hong Kong-listed stock, which took a beating when regulators scuppered the listing of fintech affiliate Ant Group, dropped another 10% on Wednesday. It was up 3%...…By , Singles’ Day is usually a one-day sales event, the world’s biggest, eclipsing Black Friday and Cyber Monday in the United States. Many online companies offer deals at the event.Alibaba offered promotions in two windows starting Nov. 1 but calculated GMV over 11 days. JD.com offered deals Nov. 1 through Nov. 11.The event was overshadowed by news that China aimed to propose anti-monopoly rules for internet platforms.Alibaba’s Hong Kong-listed stock, which took a beating when regulators scuppered the listing of fintech affiliate Ant Group, dropped another 10% on Wednesday. It was up 3%...WW…

By , The task force, which the sources say was created last year, has been looking into Luxshare’s technology, expansion plan, hiring strategy and whether the company - which currently makes only 5% of Foxconn’s revenue - is supported by any Chinese government entity.While the U.S.-China trade war and the coronavirus crisis have intensified pressure on global supply chains, an increasingly acrimonious tech feud between the economic giants has also prompted Beijing to strengthen efforts on creating world-leading local tech firms - and Luxshare’s growth trajectory fits into that...…By , The task force, which the sources say was created last year, has been looking into Luxshare’s technology, expansion plan, hiring strategy and whether the company - which currently makes only 5% of Foxconn’s revenue - is supported by any Chinese government entity.While the U.S.-China trade war and the coronavirus crisis have intensified pressure on global supply chains, an increasingly acrimonious tech feud between the economic giants has also prompted Beijing to strengthen efforts on creating world-leading local tech firms - and Luxshare’s growth trajectory fits into that...WW…